Ford Motor (NYSE:F) Holdings Trimmed by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. lowered its holdings in Ford Motor (NYSE:F) by 1.1% in the first quarter, Holdings Channel.com reports. The firm owned 381,717 shares of the auto manufacturer’s stock after selling 4,289 shares during the period. Atria Wealth Solutions Inc.’s holdings in Ford Motor were worth $4,439,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of F. Berkshire Asset Management LLC PA boosted its holdings in shares of Ford Motor by 6.6% during the first quarter. Berkshire Asset Management LLC PA now owns 25,847 shares of the auto manufacturer’s stock worth $326,000 after purchasing an additional 1,611 shares during the period. EP Wealth Advisors LLC purchased a new position in shares of Ford Motor during the 1st quarter valued at $1,314,000. Level Four Advisory Services LLC increased its stake in shares of Ford Motor by 7.1% in the first quarter. Level Four Advisory Services LLC now owns 390,391 shares of the auto manufacturer’s stock worth $4,919,000 after acquiring an additional 25,988 shares during the last quarter. Kennedy Investment Group raised its holdings in shares of Ford Motor by 3.2% during the first quarter. Kennedy Investment Group now owns 39,840 shares of the auto manufacturer’s stock worth $502,000 after acquiring an additional 1,217 shares in the last quarter. Finally, BKA Wealth Consulting Inc. acquired a new stake in Ford Motor during the first quarter valued at $198,000. Institutional investors and hedge funds own 52.73% of the company’s stock.

Ford Motor Price Performance

Shares of NYSE:F opened at $12.64 on Thursday. The firm has a market capitalization of $50.59 billion, a PE ratio of 12.39, a PEG ratio of 0.81 and a beta of 1.61. The company has a current ratio of 1.20, a quick ratio of 1.03 and a debt-to-equity ratio of 2.15. Ford Motor has a 1-year low of $10.90 and a 1-year high of $15.42. The business’s 50 day moving average is $13.05 and its 200-day moving average is $12.73.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Thursday, July 27th. The auto manufacturer reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.51 by $0.21. The firm had revenue of $44.95 billion for the quarter, compared to the consensus estimate of $43.17 billion. Ford Motor had a net margin of 2.44% and a return on equity of 20.48%. The business’s revenue was up 11.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.68 earnings per share. Sell-side analysts predict that Ford Motor will post 2.11 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 1st. Shareholders of record on Tuesday, July 25th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 4.75%. The ex-dividend date of this dividend was Monday, July 24th. Ford Motor’s dividend payout ratio is 58.82%.

Analyst Ratings Changes

Several research analysts have weighed in on F shares. StockNews.com began coverage on Ford Motor in a research report on Thursday, August 17th. They issued a “hold” rating on the stock. JPMorgan Chase & Co. upped their target price on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research report on Friday, July 28th. The Goldman Sachs Group raised their price target on Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a research report on Friday, July 14th. UBS Group initiated coverage on Ford Motor in a research note on Tuesday. They set a “buy” rating and a $15.00 target price for the company. Finally, Wells Fargo & Company raised their target price on Ford Motor from $10.00 to $11.00 in a report on Monday, July 10th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $14.50.

About Ford Motor

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.